depreciated. In addition, this was due to a decrease in depreciation expenses from Dusit Princess Korat as a result of the asset disposal in late 2017. Education Business In 4Q18, revenue from Education

associated, net and advance payments for investment 49,325 63,208 (13,883) (21.96%) Property, plant and equipment, net 61,723 62,420 (697) (1.12%) Other non-current assets 49,741 51,629 (1,888) (3.66%) Total

. However, the deferred income tax asset was increased at Baht 5 million which mainly due to the accumulated loss of its subsidiary. 2.2 Liabilities As at December 31, 2019, the Group’s total liabilities

Exchange of Thailand (“SET”) in compliance with conditions of disclosing investment information, including information on asset acquisition transaction and related transactions as per the rules, regulations

Limited Page 3/15 Financial position Total Assets As of 31 December 2018, the Company and subsidiary has total asset amounted to Baht 30,632 million, decreased 5% from year 2017 which has total asset Baht

increase, however, was partially offset with 5) an increase in building and equipment of THB 89mn which mainly came from Landy’s asset as well as 6) an increase in investment properties of THB 28mn, largely

advisor approved by the Securities and Exchange Commission (“SEC”) to the shareholders, not less than 14 days in advance prior to the date of the shareholders’ meeting. Additionally, the Board of Directors

. However, the deferred income tax asset was increased at Baht 5 million which mainly due to the accumulated loss of its subsidiary. 2.2 Liabilities As at December 31, 2019, the Group’s total liabilities

or a contract that offer returns from the asset underlying, which results in the fund being exposed to such asset. Part 1 Regulations on Mutual Fund Management and Private Fund Management

economy. Meanwhile, the Bank of Japan signaled an additional accommodative monetary policy by pledging to purchase government bonds without limit and to step up its asset purchase program, whereas other